sestrooper,
I would suggest the aggressive seller did us no favours yesterday.
LNG was trading at 2.38 the day before he came in with his 500,000. He would have had a big impact on LNG yesterday. So many were selling beneath him. Herd mentality I'm afraid. Happens everyday on the market..
LNG has made up some of that lost ground today even with the small drop in oil because 2.12 was just over done in my opinion..
Infact, I picked up 10,000 shares at 2.13 and sold them at 2.20 this morning. Could have got 2.26c had I been more greedy. Someone once told me, little fish are sweet. Indeed they are.
I believe that LNG offers long term investors plenty of upside, but it has also been a great trading stock for those who like to trade. I am sure many on Hotcopper have taken advantage of this in the past.
Very rarely does it not have at least a 10c margin on any given day. It's just about getting it right, which is not always easy.
sestrooper, I would suggest the aggressive seller did us no...
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